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To: rhet0ric who wrote (11892)4/20/1998 3:48:00 PM
From: Eric Yang  Respond to of 213177
 
Personally I think there is certainly some market manipulation going on here. AAPL is now at $29. Using the term "conspiracy theory" makes us sound paranoid...but I think "manipulation" is a good way to describe it.

For those of us who held Apr options, imagine how much we would have made if AAPL was trading at $29 on Friday. Well that money is in the pocket of call option writers and market makers.

AAPL +1 as of 12:47 PST

Eric



To: rhet0ric who wrote (11892)4/20/1998 4:17:00 PM
From: Phillip C. Lee  Read Replies (1) | Respond to of 213177
 
<<Well, seeing as Monday morning is the end of options trading (per Mr. Lee), that would seem to be the most highly substantiated part of our wide-ranging theories.>>

It seems to be close at exact $29 today. The pettern repeats itself again.
All options cleaned up this morning were depressed to the lowest.
That's why experts told us not to sell the options in the final minutes.
It's not important whether it's MMs conspiracy or manipulation, the more
important thing is to learn a lesson from this repetitive pettern.
If the pattern after options expiration (from tomorrow) is similar to
last month's, then this stock is going to fly. (check last month
upward pattern after options expiration). Be careful, short holders.

Phil